Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 13 percent. Year Project M Project N 0 –$144,000 –$351,000 1 63,100 154,500 2...

Bausch Company is presented with the following two mutually exclusive projects. The required return for both projects is 13 percent.

What is the IRR for each project?(Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)